Imports to Colombia fell 5.7 percent year-on-year to USD 3.98 billion in June 2019, after a 6.1 percent rise in the previous month. It was the first decline in imports since March 2018, due to lower purchases of manufactured goods (-5.4 percent), of which machinery & transport equipment (-1.9 percent); chemicals (-4.1 percent); manufactured articles (-14.4 percent); and agricultural products, food and beverages (-18.8 percent), in particular food & live animals (-14.7 percent) and oils & fats of vegetable origin (-24.7 percent). In contrast, those of fuels and related products grew 9.7 percent, namely petroleum products and related (16 percent). Considering the first six months of the year, imports advanced 5.8 percent over a year ago. Imports in Colombia averaged 1.84 USD Billion from 1980 until 2019, reaching an all time high of 6.08 USD Billion in July of 2014 and a record low of 0.28 USD Billion in February of 1986.

Imports in Colombia is expected to be 3.85 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Colombia to stand at 4.60 in 12 months time. In the long-term, the Colombia Imports is projected to trend around 4.50 USD Billion in 2020, according to our econometric models.

Colombia Imports
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-13 03:00 PM Imports YoY Mar 10.1% 8.2% 5%
2019-06-20 03:00 PM Imports YoY Apr 6.8% 10.1% 6.2%
2019-07-19 03:00 PM Imports YoY May 6.1% 6.8% 6%
2019-08-14 03:00 PM Imports YoY Jun -5.7% 6.1% 4%
2019-09-18 03:00 PM Imports YoY Jul -5.7%
2019-10-18 03:00 PM Imports YoY Aug
2019-11-14 03:00 PM Imports YoY Sep 3.8%


Colombia Trade Last Previous Highest Lowest Unit
Balance of Trade -0.90 -1.04 0.81 -1.97 USD Billion [+]
Current Account -3614.00 -3761.00 364.00 -6452.00 USD Million [+]
Current Account to GDP -3.80 -3.30 4.10 -6.40 percent [+]
Imports 3.98 4.79 6.08 0.28 USD Billion [+]
Exports 3.04 3.75 5.71 0.02 USD Billion [+]
External Debt 133988.43 133026.64 135050.13 36431.04 USD Million [+]
Foreign Direct Investment 3335.48 2841.22 6776.22 197.17 USD Million [+]
Capital Flows -3158.75 -3718.29 359.83 -6193.53 USD Million [+]
Remittances 581.20 534.40 944.50 162.44 USD Million [+]
Gold Reserves 18.90 18.20 18.90 3.49 Tonnes [+]
Crude Oil Production 890.00 885.00 1035.00 356.00 BBL/D/1K [+]
Terms Of Trade 135.83 142.14 165.96 73.87 Index Points [+]
Terrorism Index 5.61 5.60 7.16 5.58 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Colombia Imports

Colombia main imports are: machinery and transport equipment (39 percent of total imports); manufactured products (22 percent); chemicals and related products (17 percent); fuel, mineral lubricants and related products (10 percent) and food and livestock (8 percent). Main import partners are: United States (24 percent of total imports), China (16 percent), Mexico (11 percent) and Brazil (5 percent). Others include: Germany, Argentina, Japan, France, South Korea and Canada. This page provides the latest reported value for - Colombia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Colombia Imports - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
3.98 4.79 6.08 0.28 1980 - 2019 USD Billion Monthly




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